Tax Protest Planned

NJTODAY.NET's online business directory

ELIZABETH — General Electric made $14.2 billion in profit, yet calculated a 2010 corporate tax bill that added up to less than zero.

Instead of paying taxes, the company will receive a $3.2 billion gift from the taxpayers.


This and other outrageous imbalances in the tax system will be protested by members of Monday at a 4:30 p.m. rally in front of the Elizabeth Post Office.

The progressive advocacy organization is hosting a series of similar events nationwide, under the theme: “Tax Day, Make Them Pay!”

“The General Electric tax give-away will cost every man, woman and child in the United States $14.72,” said Janet Reynolds, a member. “Middle class working families are being crushed by taxes because giant corporations are not paying a fair share.”

Connect with NJTODAY.NET

Join NJTODAY.NET's free Email List to receive occasional updates delivered right to your email address!
Email for advertising information Send stuff to NJTODAY.NET Like Us On Facebook Follow Us On Twitter Download this week's issue of NJTODAY.NET

Leave a Reply